ArmInfo.

ArmInfo. At the February 3 sitting, the Armenian government approved the proposal to sign an agreement on economic cooperation between the governments of the  Republic of Armenia and the Slovak Republic.

ArmInfo.Memorandums on bilateral cooperation in energy and in the tourist industry were signed on the sidelines of the Armenian-Austrian business forum in  Yerevan on Wednesday.  

ArmInfo.Yerevan is discussing practical issues of construction of a  Yeraskh-Julfa-Ordubad-Meghri-Goradiz railway, RA Prime Minister Nikol  Pashinyan stated at a Cabinet meeting on Wednesday. 

ArmInfo. The Pegasus airline has started Istanbul-Yerevan- Istanbul flights. The rights will be carried out on Tuesdays, Fridays and Sundays, the Armenia  International Airports CJSC reports.

ArmInfo.A total of 659,471 jobs were officially registered in Armenia in 2021, an absolute record in the Third Republic's history, Armenia's Premier Nikol Pashinyan  stated at a Cabinet meeting on Thursday.   

ArmInfo.RA Minister of Finance Tigran Khachatryan believes that, given lower inflation rates in 2021, the refinancing rate will step by step be reduced beginning  2023, which, in turn, will enable the 7% GDP growth target to be  reached. 

ArmInfo. The increase in electricity tariffs in Armenia had objective reasons - this is not someone's desire, but the absence of an alternative. A similar  opinion was expressed by MP from the "Civil Contract" party, head of  the permanent parliamentary commission on economic issues, Babken  Tunyan.

ArmInfo. The dominant growth rate of exports relative to imports in 2021 will be able to contain the increase in Armenia's negative trade balance. Economist,  MP from  the "Civil Contract" party Babken Tunyan stated in an interview.

ArmInfo.

ArmInfo.Yerevan and Vienna announced an Armenian- Austrian business forum with the participation of representatives of 20 Austrian companies.

ArmInfo.

ArmInfo. If the West imposes sanctions on the Russian Federation, the Armenian economy will suffer to a greater or lesser extent, depending on the nature of these  sanctions. Chairman of the Central Bank of the Republic of Armenia  Martin Galstyan expressed this opinion on February 1 during a press  conference.

ArmInfo.According to the Central Bank's expectations, the inflationary impact from the  external sector on the Armenian economy still remains. Head of the  Central Bank of the Republic of Armenia Martin Galstyan stated this  during a press conference convened on February 1 regarding the next  increase in the refinancing rate.

ArmInfo. Armenia will continue to be active in the mortgage lending market. This opinion was expressed on February 1 during a press conference by Head of the  Central Bank of the Republic of Armenia Martin Galstyan, conditioned  his assessment by the continuing high level of supply and demand in  the real estate market.

ArmInfo. The Central Bank of Armenia forecast inflation to approach the target threshold (4%, +/-1.5) by the end of 2022. Chairman of the Central Bank of Armenia  Martin Galstyan said this during the press conference on raising the  refinancing rate on February 1, forecasting 5-5.5% inflation for  2022.

ArmInfo. On February 1 this year, 500 thousand shares of ACBA Bank in the amount of 7.5 billion drams have been listed on the Armenia Securities Exchange  (AMX), and from this day, individuals and legal entities, both residents and non-residents,  have the opportunity to purchase these shares. This is noted in the  message of the Bank, which states that the market maker of these  shares will be the Dimension company chosen by ACBA Bank.

ArmInfo.

ArmInfo.Since February 1, the tariff for electricity has increased in Armenia. At the same time, from January 1, the water tariff increased by 20.47 drams, and from  April 1, the gas tariff is expected to increase, and inflation in  January-December 2021 amounted to 7.2%.  Meanwhile, the Armenian  government refused to raise the minimum wage and index pensions,  referring to the lack of appropriate resources at this stage.

ArmInfo. The Central Bank of Armenia raised the refinancing rate by 0.25 percentage points, setting it at 8%. As the press service of the Central Bank of Armenia  told ArmInfo, this decision was made on February 2 at a meeting of  the Board of the Central Bank of Armenia.